Asset Performance Networks has been recognized by ALM Intelligence as a prominent provider of capital project consulting services.

November 2018

BETHESDA, MD – Last month, ALM Intelligence released its 2018 ratings of The ALM Vanguard: Capital Projects & Infrastructure Consulting providers. Asset Performance Networks (AP-Networks) achieved “Challenger Status” in the firm’s ratings. This represents AP-Networks’ growing prominence in the capital project space, and serves as a signal to clients across the globe that the firm is successfully leveraging its experience working with oil and gas majors to deliver tangible results in the capital project space.

Over the course of nearly 20 years, AP-Networks has amassed data on capital projects executed in the petroleum, chemical, and energy industries. These data represent a global client base that includes the world’s oil and gas majors. Using this data, AP-Networks has developed several innovative capital project consulting services that provide new perspectives in this long-stagnant field. The Advanced Benchmarking Methodology (ABM), Value and Competitive Assessment of Plant-Based Projects (VCAP), and Project Excellent Assurance Consulting (PEAC) represent a path forward for companies across the world looking to realize the full business value of their capital projects.

AP-Networks has long been recognized as the global leader in providing consulting services for plant turnarounds in the chemical and oil & gas industries. “The development of our Capital Projects practice was a natural extension for us based on our client demand and needs,” said Managing Director George DeBakey. “We are forecasting strong growth in this area.”

ALM Intelligence provides research on the global management consulting industry. Tomek Jankowski, Senior Research Analyst at ALM Intelligence, shared insights from the company’s research into capital project consulting. “Consulting providers in this space are focusing on getting the essentials right up front in capital projects with project design and management, enhanced risk management and digital transformation,” said Jankowski. “Data analytics also plays a key role and the more successful they are able to help clients with capability and talent augmentation to support projects to completion.”

AP-Networks is proud to be recognized by ALM Intelligence. The firm looks forward to continuing its work redefining the capital project consulting space.

About Asset Performance Networks

AP-Networks is the trusted leader for improving asset and operational performance in petroleum, chemical, and energy companies worldwide. We work with our clients’ most critical assets—their people, processes, and production facilities—to help them achieve safe, competitive, predictable outcomes on their high-risk events, namely capital projects and turnarounds. Our consultants are internationally recognized leaders and experts in project management, turnaround management, operations, benchmarking, risk management, and more. Our team leverages proprietary, data-driven tools that help our clients Aim Higher to achieve superior business outcomes and Aim Smarter to drive breakthrough performance. For further information regarding our full range of products and services, please visit us at www.AP-Networks.com.